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Energy Management Systems Market Expected To Grow At $62.3 Billion By 2023 | Top Key Players C3 Energy, Delta Electronics Inc., DEXMA, General Electric Company, GrindPoint Inc., Honeywell International Inc

03-27-2019 09:19 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Big Market Research

Energy Management Systems

Energy Management Systems

The global energy management systems market size is expected to reach $62.3 billion by 2023, from $25.9 billion in 2016, growing at a CAGR of 13.5% during the forecast period. Energy management systems allow organizations to collect information related to energy consumption through monitoring, assessing, and visualizing energy consumption. Honeywell International Inc., Johnson Controls International PLC, Schneider Electric S.E., Siemens AG, and Yokogawa Electric Corporation, and General Electric Company are some of the leading key players of the global energy management systems market.

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The Key Players : C3 Energy, Delta Electronics Inc., DEXMA, General Electric Company, GrindPoint Inc., Honeywell International Inc., Johnson Controls International PLC, Schneider Electric S.E., Siemens AG, and Yokogawa Electric Corporation.

The demand for energy management systems is on a rapid increase, as these systems help reduce energy cost and increase productivity. Moreover, the government regulations toward energy efficiency have raised the demand for energy management products. Further, the development of public utilities, infrastructure through application of smart solution under the Smart Cities projects is also expected to drive the growth of EMS market in the coming years. However, financial barriers, limited expertise, and fragmented stakeholders are some of the key challenges which hinder the growth of the energy management systems market.

On the basis of offerings, it is classified into services and systems. Based on components, the global energy management systems market is classified into sensor, controller, software, and others. The end-user industry is divided into residential and commercial segment. The global energy management systems market is analyzed across North America (U.S., Canada & Mexico), Europe (UK, Germany, France, and others), Asia-Pacific (China, India, Japan, & others), and LAMEA (Latin America, Middle East & Africa). In 2016, North America was the highest contributor to the energy management systems market and is anticipated to secure the leading position during the forecast period, owing to rapid technological development, innovation, and economic conditions.

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KEY MARKET SEGMENTS

By Offering : System,Service

By Component : Sensor,Controller,Software,Others

By Service : Monitoring & Control ,Implementation & Integration,Maintenance,Consulting & Training

By Type : Home Energy Management System,Building Energy Management System, Industrial Energy Management System

By End User : Residential,Commercial

By Market Vertical: Power & Energy,Telecom & IT,Manufacturing,Enterprise,Healthcare,Others

Energy management system market, by region

10.1. Market overview
10.2. North America

10.2.1. Key market trends, growth factors, and opportunities
10.2.2. Market size and forecast, by offering
10.2.3. Market size and forecast, by component
10.2.4. Market size and forecast, by service
10.2.5. Market size and forecast, by type
10.2.6. Market size and forecast, by end-user
10.2.7. Market size and forecast, by market vertical
10.2.8. Market size and forecast, by country

10.2.8.1. U.S.

10.2.8.1.1. U.S. market size and forecast, by offering
10.2.8.1.2. U.S. market size and forecast, by component
10.2.8.1.3. U.S. market size and forecast, by service
10.2.8.1.4. U.S. market size and forecast, by type
10.2.8.1.5. U.S. market size and forecast, by end-user
10.2.8.1.6. U.S. market size and forecast, by market vertical

10.2.8.2. Canada

10.2.8.2.1. Canada market size and forecast, by offering
10.2.8.2.2. Canada market size and forecast, by component
10.2.8.2.3. Canada market size and forecast, by service
10.2.8.2.4. Canada market size and forecast, by type
10.2.8.2.5. Canada market size and forecast, by end-user
10.2.8.2.6. Canada market size and forecast, by market vertical

10.2.8.3. Mexico

10.2.8.3.1. Mexico market size and forecast, by offering
10.2.8.3.2. Mexico market size and forecast, by component
10.2.8.3.3. Mexico market size and forecast, by service
10.2.8.3.4. Mexico market size and forecast, by type
10.2.8.3.5. Mexico market size and forecast, by end-user
10.2.8.3.6. Mexico market size and forecast, by market vertical

10.3. Europe

10.3.1. Key market trends, growth factors, and opportunities
10.3.2. Market size and forecast, by offering
10.3.3. Market size and forecast, by component
10.3.4. Market size and forecast, by service
10.3.5. Market size and forecast, by type
10.3.6. Market size and forecast, by end-user
10.3.7. Market size and forecast, by market vertical
10.3.8. Market size and forecast, by country

10.3.8.1. UK

10.3.8.1.1. UK market size and forecast, by offering
10.3.8.1.2. UK market size and forecast, by component
10.3.8.1.3. UK market size and forecast, by service
10.3.8.1.4. UK market size and forecast, by type
10.3.8.1.5. UK market size and forecast, by end-user
10.3.8.1.6. UK market size and forecast, by market vertical

10.3.8.2. Germany

10.3.8.2.1. Germany market size and forecast, by offering
10.3.8.2.2. Germany market size and forecast, by component
10.3.8.2.3. Germany market size and forecast, by service
10.3.8.2.4. Germany market size and forecast, by type
10.3.8.2.5. Germany market size and forecast, by end-user
10.3.8.2.6. Germany market size and forecast, by market vertical

10.3.8.3. France

10.3.8.3.1. France market size and forecast, by offering
10.3.8.3.2. France market size and forecast, by component
10.3.8.3.3. France market size and forecast, by service
10.3.8.3.4. France market size and forecast, by type
10.3.8.3.5. France market size and forecast, by end-user
10.3.8.3.6. France market size and forecast, by market vertical

10.3.8.4. Rest of Europe

10.3.8.4.1. Rest of Europe market size and forecast, by offering
10.3.8.4.2. Rest of Europe market size and forecast, by component
10.3.8.4.3. Rest of Europe market size and forecast, by service
10.3.8.4.4. Rest of Europe market size and forecast, by type
10.3.8.4.5. Rest of Europe market size and forecast, by end-user
10.3.8.4.6. Rest of Europe market size and forecast, by market vertical

10.4. Asia-Pacific

10.4.1. Key market trends, growth factors, and opportunities
10.4.2. Market size and forecast, by offering
10.4.3. Market size and forecast, by component
10.4.4. Market size and forecast, by service
10.4.5. Market size and forecast, by type
10.4.6. Market size and forecast, by end-user
10.4.7. Market size and forecast, by market vertical
10.4.8. Market size and forecast, by country

10.4.8.1. China

10.4.8.1.1. China market size and forecast, by offering
10.4.8.1.2. China market size and forecast, by component
10.4.8.1.3. China market size and forecast, by service
10.4.8.1.4. China market size and forecast, by type
10.4.8.1.5. China market size and forecast, by end-user
10.4.8.1.6. China market size and forecast, by market vertical

10.4.8.2. India

10.4.8.2.1. India market size and forecast, by offering
10.4.8.2.2. India market size and forecast, by component
10.4.8.2.3. India market size and forecast, by service
10.4.8.2.4. India market size and forecast, by type
10.4.8.2.5. India market size and forecast, by end-user
10.4.8.2.6. India market size and forecast, by market vertical

10.4.8.3. Japan

10.4.8.3.1. Japan market size and forecast, by offering
10.4.8.3.2. Japan market size and forecast, by component
10.4.8.3.3. Japan market size and forecast, by service
10.4.8.3.4. Japan market size and forecast, by type
10.4.8.3.5. Japan market size and forecast, by end-user
10.4.8.3.6. Japan market size and forecast, by market vertical

10.4.8.4. Rest of Asia-Pacific

10.4.8.4.1. Rest of Asia-Pacific market size and forecast, by offering
10.4.8.4.2. Rest of Asia-Pacific market size and forecast, by component
10.4.8.4.3. Rest of Asia-Pacific market size and forecast, by service
10.4.8.4.4. Rest of Asia-Pacific market size and forecast, by type
10.4.8.4.5. Rest of Asia-Pacific market size and forecast, by end-user
10.4.8.4.6. Rest of Asia-Pacific market size and forecast, by market vertical

10.5. LAMEA

10.5.1. Key market trends, growth factors, and opportunities
10.5.2. Market size and forecast, by offering
10.5.3. Market size and forecast, by component
10.5.4. Market size and forecast, by service
10.5.5. Market size and forecast, by type
10.5.6. Market size and forecast, by end-user
10.5.7. Market size and forecast, by market vertical
10.5.8. Market size and forecast, by country

10.5.8.1. Latin America

10.5.8.1.1. Latin America market size and forecast, by offering
10.5.8.1.2. Latin America market size and forecast, by component
10.5.8.1.3. Latin America market size and forecast, by service
10.5.8.1.4. Latin America market size and forecast, by type
10.5.8.1.5. Latin America market size and forecast, by end-user
10.5.8.1.6. Latin America market size and forecast, by market vertical

10.5.8.2. Middle East

10.5.8.2.1. Middle East market size and forecast, by offering
10.5.8.2.2. Middle East market size and forecast, by component
10.5.8.2.3. Middle East market size and forecast, by service
10.5.8.2.4. Middle East market size and forecast, by type
10.5.8.2.5. Middle East market size and forecast, by end-user
10.5.8.2.6. Middle East market size and forecast, by market vertical

10.5.8.3. Africa

10.5.8.3.1. Africa market size and forecast, by offering
10.5.8.3.2. Africa market size and forecast, by component
10.5.8.3.3. Africa market size and forecast, by service
10.5.8.3.4. Africa market size and forecast, by type
10.5.8.3.5. Africa market size and forecast, by end-user
10.5.8.3.6. Africa market size and forecast, by market vertical

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